Suarez Market (SMA) runs fwo comeraence stores; one at Vancotver and one in Surrey. Operat ng incame lor each slore in the year folown (Cick the iceats yew the opercating inceme for the sleies) SMA can increase its protitabity by closing down the Sumey store of by addng mae stores lke if" Epruitert. Is Maria Lopers statement about the effect of ciosing the Suiey store corroct? Exptan Sivu nens of the because tis is a bast cost minis is Many Lepec's stefement ahout ene itfoct of ading another smore like the Surrey store correct? Store operating income Required Answer the following questions referring to the data provided. 1. Calculate SM's operating income if it closes down the Surrey store. By closing down the store, SM can reduce overall corporate overhead costs by $57,000. Is Maria Lopez correct? Explain. 2. Calculate SM's operating income if it opens another store with revenues and costs identical to those of the Surrey store (including a cost of $26,000 to acquire equipment with a one-year useful life and zero disposal price). Opening this store will increase corporate overhead costs by $6,000. Is Maria Lopez correct? Explain